General Business Office
For Sale
$525,000
1242 EASY STREET, Woodbridge, VA 22191
Single commercial building on a B-1 general business lot with convenient access and ample parking.
Property Size1,150 SF
Lot Size0.52 Acres
Price / SF$456.52
Days on Market59
Property Features for 1242 EASY STREET
General Information
Standard status
Active
Size
1,150 SF
Lot size
0.52 Acres
Property subtype
Mixed Use
Zoning
B-1
Taxes and HOA fees
Annual Taxes
$3,352
Amenities
Central Air
3
Ceramic Tile
Parking.
Lot.
Building Details
Year Built
1930
Listing Agency:
HelpAmerica Properties
(240) 483-5057
Listed By:
Sherwin Wells · License #582915
(240) 483-5057
Source:
Xome
Added: Jul 5
Changed: Aug 27
Last Checked: Aug 31 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HelpAmerica Properties
Investment Insights
Based on property information with market context.
This property offers an established commercial building of approximately 1,150 square feet on a lot of approximately 0.52 acres. The zoning is B-1 (General Business), supporting a range of commercial, institutional, and professional use possibilities subject to Prince William County regulations and approvals. The offering is well-suited for an owner-user or an investor seeking a property that can accommodate multiple business concepts based on permitted use requirements.
The location at 1242 Easy Street in Woodbridge, Virginia is described as highly visible and conveniently accessed to major transportation routes and the surrounding retail and business area.
A key component of the site is the availability of plenty of parking. Buyers should verify all zoning details, permitted uses, and any development opportunities with Prince William County prior to purchase.
The location at 1242 Easy Street in Woodbridge, Virginia is described as highly visible and conveniently accessed to major transportation routes and the surrounding retail and business area.
A key component of the site is the availability of plenty of parking. Buyers should verify all zoning details, permitted uses, and any development opportunities with Prince William County prior to purchase.
Key Highlights
- 0.52‑acre B‑1 (General Business) commercial lot at 1242 Easy Street, Woodbridge, VA 22191
- Approx. 1,150 SF commercial building suitable for owner‑users or investors
- Central air cooling and ceramic tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,280
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,600
$405.6K
Cap Rate 7%
$289,714
$289.7K
Cap Rate 9%
$225,333
$225.3K
Market Conditions
NOI Build-Up for 1,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.9K $24.24/SF
− Vacancy
−$836 −$0.73/SF
EGI
$27.0K $23.51/SF
− OpEx
−$6.8K −$5.88/SF
NOI
$20.3K $17.63/SF
Area
Prince William County, VA
Vacancy
3.00%
Lease Rate
$24.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,600
Cap Rate 7%
$289,714
Cap Rate 9%
$225,333
Alternative Uses
Best Use
Office B
$289.7K
$253.5K – $338.0K
NOI $20,280 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$337.7K
$295.5K – $394.0K
NOI $23,641 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Explore this area
Business Placement
Demographics for 22191, VA
74,189
Population
26,127
Households
2.8
Avg Household Size
34
Median Age
39%
College-Educated
87%
High-School Grad
15.4 sq mi
ZIP Area
4,817
Density / Sq Mi
$107,993
Median Household Income
$49,388
Median Earnings
$2,069
Median Rent
$432,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Single commercial building on a B-1 general business lot with convenient access and ample parking.
Where is this office building located?
The property is located at 1242 EASY STREET Woodbridge, VA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 0.52‑acre B‑1 (General Business) commercial lot at 1242 Easy Street, Woodbridge, VA 22191; Approx. 1,150 SF commercial building suitable for owner‑users or investors; Central air cooling and ceramic tile flooring
